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20121027
20121104
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is higher today than when barack obama took office. rich: president obama's -- the romney campaign has featured bankruptcy with the government providing guarantees proposed financing. ohio could very well decide this race. president obama returned tomorrow. governor romney later this weekend. david: thank you very much. let's bring in our panel. liz: we have jeff cleveland and fill -- the action you saw today, didn't say anything about what we may see next week and review a little perplexed? >> we sell gold and silver get liquidated. they thought that qe maybe a little shorter and its duration. as the day went on, we sell oil prices continue to decline. we sell gold and silver break down harder. that put a lot of pressure on the margin situation. liz: we need to show a gold chart. gold plummeted today. gold was up about $1700, now it is 1678. if you look at the one week, you'll get a better sense of that. what do you attribute the following gold? >> we sell strength. it was the unemployment rate not having any type of shockers whatsoever. people are concerned that vernay keys days are
obama's re-elected, he said he will not sign a tax bill that doesn't include a tax increase, and, of course, republicans say they won't sign on to something like that. we may not reach a resolution on this. >> oh, yes, david, no matter who is the president, no matter who the president is, it's a situation where there's a lot of urn certainty. -- uncertainty. it's not just the fiscal cliff. yiewmp's not -- europe's not resolved, middle east is volatile, and there's a surge of evaluations in september and october because of the euphoria with qe3, and we recommended taking some money off the table and raising some cash, and into the weakness now, we would be selectively buying. we're not bears, but prudently took profits last month, and we would selectively buy as they go down. liz:bearish. you sold google and apple, two relatively bright stars over the past, say, yeah and a half. would you bring those back in your portfolio again? >> well, yeah, i mean, they are great companies liz. apple sold over 700 and google over 760, and it's a situation where they go down, and, i mean, we bo
, d.c. how do you cast that election. >> sandy carve ad path in states mostly decided president obama is well ahead in connecticut, new jersey and. some officials say sandy interrupted absentee voting in number of place although the state says there will be no problems on election day. ohio polling is in margin of error and there are pouter outages. election officials say there is currently power at all voting locations. they say early voting is moving smoothly. both candidates are in the buckeye states state with a full day of campaigning today. >> got anxious and attacking me day in and day out. attacking me does not create an dend today for him. we have a plan to get the economy going. >> what the governor is offering sure ain't changed. giving more power back to the biggest banks isn't change. leaving millions without health insurance isn't change. another five trillion dollar tax cut that favors the wealthy isn't change. >> they are pitching their closing arguments for president obama, a theme of economic progress and that he needs more time to finish the job. for governor romney
a election look like obama was going to win. now mitt romney is surging. we're talking about all day today watching tv with issues with the weather. the bottom line you can't trade like you said for a couple days. uncertainty continues to creep up. until we get through the election we wouldn't be shocked at all volatility downward trend would continuers let's go to gary. gary one of your picks is apple. there was a tremendous downwind on apple before after the earnings and started slightly before the earnings. looks like it will close below 600. would you still with uncertainty the two nontrading days in the work week would you still go for apple on wednesday? >> absolutely. apple is largely unaffected by two days or closure of retail stores. online activity probably remains strong. apple at these prices roughly 10 times next year's earnings we think looks cheap. david: even with the downdraft we've seen over the past week? >> we're buying stocks, not the market. and apple's pulled back much further than the markets over the past few weeks and we think it is a good entry point here around
Search Results 0 to 3 of about 4